University of Washington

EOQ (Economic Order Quantity) Model: A Brief Introduction . Let us move from Orin café in Queueing model introduction to University Book Store. The book store surveyed its student customers and came up with a few design ideas for hooded sweatshirts. One particular design is a perennial best-seller and sells, on an average, 500 units per month = 6000 units per year (We call this . demand rate ... ................
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